What is the Mauritian tax regime?
Mauritius offers a favourable tax regime: • There is no capital gains tax and no inheritance tax. • Registration, stamping and transcription duties of Rs 10000 (approximately €250) are payable on signature of final contracts, with a further USD $25,000 payable on transfer of title. 5% land transfer tax is payable on the re-sale of the villa or apartment by the seller & USD 25,000 payable by subsequent purchaser. • National Residential Property Tax is payable annually by villa & apartment purchasers at the rate of Rs 10 per square metre on the plot size, from the date the villa & apartment construction is completed (this equates to approximately €100.25 per annum for a Villa). • Having paid the 5% land transfer tax outlined above, there is no withholding tax applied on the repatriation of funds to a seller outside of Mauritius. • No withholding tax is payable by a company registered in Mauritius holding a global business licence (GBC1 or GBC2) to non residents (provided non residents do
